Business transfer in Cambodia
Our business consultants in Cambodia can assist you with reassigning company’s assets or ownership. On your behalf, the professional transitioning team seeks the director’s permission and notifies the staff. Our professionals can draught transfer-related agreements to your needs.
Types of business transfers
You have the option of selecting one of the following company handover options:
Transfer business ownership
Ownership transference occurs when a firm possessor sells, gifts, or handovers ownership of their corporation. To make the procedure more manageable, the specialists appraise the company’s worth and create contracts on your behalf.
Transfer business assets
An asset allocation occurs when one person or group of people passes on the ownership of an item to another person or group of people. The specialists compile a list of possessions and assess the assets’ current market value before making any contract.
Transfer business material portion
Handover of any part of the Actual Asset with a “fair market value” of more than 10% of the purchase price is called handover of corporate material portion. By examining the level of injury (if any) to the element, law experts can assist in determining the value and process of the business pass-on. Experts can also assist in establishing the physical piece’s actual market value.
Transfer agreement and documents
A company transmission agreement is a legal document outlining the terms of selling a company and its resources. The present owner of the company and the buyer sign a contract. This contract establishes the parties’ interactive session and validates the transaction’s details. The documentation required for a corporate assignment is listed below.
- A list of the stockholders and staff,
- A paper outlining the re-hiring options,
- List of assets,
- A file detailing the purpose for the transmission as well as the terms and conditions of the handover,
- A document outlining the company’s liabilities,
- Financial statements.
The consultants write out the firm arrangements and sign them before presenting the documentation to the authorities.
Key points of business transfer
Following are the key points one should keep in mind:
- Evaluate your company’s market value,
- Get a piece of advice from corporate pros,
- Learn about the pros and cons,
- Consider the option that suits your corporate the most,
- Figure out how much you’ll be involved in the company after the reassignment,
- Get the opinion of your team and inform them about the selling or gifting.
Transfer business with us
Your company transition will go off without a glitch with the help of highly skilled professionals who organize the appropriate paperwork. We help you choose a format and notify your contractors, suppliers, and buyers on your behalf.
Ready for the next step
Accelerate your business growth while we take care of everything else.